Sick Leave Bonus. For TEACHERS eligible to receive benefits from the Illinois Teachers’ Retirement System who have a minimum of fifteen (15) years continuous uninterrupted service with District 47, a bonus of ten ($10.00) dollars will be paid for any sick days earned in District 47 that are not eligible to be used toward service credit for the Teachers’ Retirement System. Payment for such days will not exceed three hundred forty (340) days. This payment will be made after the final day of work, after the final paycheck for regular earnings is issued, and at least 30 calendar days after the date of retirement.
Appears in 2 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement
Sick Leave Bonus. For Beginning with the 2021-2022 school year, for TEACHERS eligible to receive benefits from the Illinois Teachers’ Retirement System who have a minimum of fifteen thirteen (1513) years continuous uninterrupted service with District 47, a bonus of ten fifty ($10.0050.00) dollars will be paid for any sick days earned in District 47 that are not eligible to be used toward service credit for the Teachers’ Retirement System. Payment for such days will not exceed three hundred forty (340) days. This payment will be made after the final day of work, after the final paycheck for regular earnings is issued, and at least 30 calendar days after the date of retirement.
Appears in 2 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement
Sick Leave Bonus. For TEACHERS eligible to receive benefits from the Illinois Teachers’ Retirement System who have a minimum of fifteen (15) years continuous uninterrupted service with District 47, a bonus of ten ($10.00) dollars will be paid for any sick days earned in District 47 that are not eligible to be used toward service credit for the Teachers’ Retirement System. Payment for such days will not exceed three hundred forty (340) days. This payment will be made after the final day of work, after the final paycheck for regular earnings is issued, issued and at least 30 calendar days after the date of retirement.
Appears in 1 contract
Samples: Collective Bargaining Agreement
Sick Leave Bonus. For TEACHERS EDUCATORS eligible to receive benefits from the Illinois Teachers’ Retirement System (TRS) who have a minimum of fifteen thirteen (1513) years continuous uninterrupted service with District 47, a bonus of ten fifty ($10.0050.00) dollars will be paid for any sick days earned in District 47 that are not eligible to be used toward service credit for the Teachers’ Retirement SystemTRS. Payment for such days will not exceed three hundred forty (340) days. This payment will be made after the final day of work, after the final paycheck for regular earnings is issued, and at least 30 thirty (30) calendar days after the date of retirement.
Appears in 1 contract
Samples: Collective Bargaining Agreement